Flag Ship Acquisition Balance Sheet Health
Financial Health criteria checks 2/6
Flag Ship Acquisition has a total shareholder equity of $67.6M and total debt of $10.0K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are $69.3M and $1.8M respectively.
Key information
0.01%
Debt to equity ratio
US$10.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$105.63k |
| Equity | US$67.57m |
| Total liabilities | US$1.77m |
| Total assets | US$69.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FSHP.U's short term assets ($237.7K) exceed its short term liabilities ($41.9K).
Long Term Liabilities: FSHP.U's short term assets ($237.7K) do not cover its long term liabilities ($1.7M).
Debt to Equity History and Analysis
Debt Level: FSHP.U has more cash than its total debt.
Reducing Debt: Insufficient data to determine if FSHP.U's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FSHP.U has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FSHP.U has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.4% each year